Northern States Power Company (Minnesota) $600,000,000 First Mortgage Bond Offering

Time 1 Minute Read
September 13, 2017
News

Hunton & Williams LLP advised the underwriters on an SEC-registered offering by Northern States Power Company (a Minnesota corporation) (NSPM) of $600 million aggregate principal amount of first mortgage bonds due 2047.

NSPM was incorporated in 2000 under the laws of the State of Minnesota. NSPM is an operating utility engaged primarily in the generation, purchase, transmission, distribution and sale of electricity in Minnesota, North Dakota and South Dakota. NSPM also purchases, transports, distributes and sells natural gas to retail customers and transports customer-owned natural gas in Minnesota and North Dakota. As of December 31, 2016, NSPM provided electric utility service to approximately 1.5 million customers and natural gas utility service to approximately 0.5 million customers. NSPM is a wholly owned subsidiary of Xcel Energy Inc.

The Hunton & Williams team included Pete O’Brien, Christina Kwon and Patrick Jamieson.

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